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Friday, March 5,2010

Beef exports could rise in 2010

by DTN
U.S. beef exports could rise this year, but a gain will depend to a large degree on economic conditions in importing countries.

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Friday, February 19,2010

CME creates DDGs futures contract

by DTN
CME Group Inc. will launch futures contracts for distillers dried grains (DDGs), a byproduct of corn ethanol production that can be used to feed animals, the exchange operator said last week. Trading in the DDGs con- tracts will start on April 26.

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Friday, February 19,2010

Feed problems contribute to tightening pork supplies

by DTN
Hog farmers, on the front lines of the $16 billion U.S. hog industry, have struggled with low prices for two years. Higher feed costs due to problems with the corn crop could cause a reduction in the amount of pork on the market due to both a drop in profitability and the slower hog growth rates.

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Friday, February 19,2010

Budget may force changes to some farm bill programs

by DTN
House Agriculture Chairman Collin Peterson said last Monday he believes the next Congress may have to take up a reconciliation bill that could include a rewrite of the farm program.

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Friday, February 19,2010

Deere earnings higher than expected

by DTN
Profitability in the unit that makes Deeres green tractors and harvesters was especially impressive, reporting margins of nearly 10 percentthree times what investors had expected, according to Eli Lustgarten, an analyst at Longbow Securities..

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Friday, February 19,2010

U.S. farm exports seen at $100 billion

by DTN
U.S. farmers can expect a record corn crop, another huge soybean harvest, and strong demand for its exports, which should combine to produce strong incomes for the agriculture sector this year, USDA said in its latest forecast.

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Friday, February 19,2010

RFA president says ethanol depends on blenders´ credit

by DTN
The ethanol industry could face the same difficulties hitting biodiesel producers if Congress doesnt extend the 45-cent blenders tax credit by the end of 2010, the president of the Renewable Fuels Association (RFA) said last Tuesday.

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Friday, February 19,2010

Immigrant dairymens dreams turn sour

by DTN
From a strip mall in Wauseon, OH, a town of 7,200, Willy van Bakel built a multimillion-dollar business bringing fellow Dutch dairy farmers to America. Theyre dreamers like himself, he says.

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Friday, February 12,2010

Plan to cut agricultural subsidies likely dead in Congress

by DTN
If history and the political lineup are any guides, President Barack Obamas latest effort to cut subsidies for wealthy farmers likely will fare no better than his first tryor his predecessors attempt.

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Friday, February 12,2010

Agco posts quarterly profit

by DTN
Agco, which makes farm equipment under the Massey Ferguson, Challenger, Fendt and Valtra brand names, said it believed Europe and North America were stabilizing, but it still needed to reduce inventories in those markets by idling some facilities..

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